Global Kayak Market Size, Share, Trends, Industry Growth by Product Type (Rigid Kayak, Inflatable Kayak, Folding Kayak), by Type (Recreational, Touring, Racing), by End-User, by Distribution Channel, by Region, and Forecast to 2030

Report ID: RC143157 | Report Format: PDF + Excel | Starting Price: 2520/- USD | Last Updated: July 1st, 2023

The global kayak market size was valued at over USD 170 million in 2022 and is anticipated to grow at a significant growth rate (CAGR) of over 3% during the forecast period from 2023 to 2030. The growth in the kayak market can be attributed to several factors, such as increasing interest in outdoor recreational activities, rising disposable income, growing popularity of kayaking as a sport, and the development of lightweight and durable kayaks. Moreover, the increasing trend of eco-tourism and adventure tourism is also expected to boost the demand for kayaking equipment, which will further drive the growth of the kayak market in the coming years.

Market Drivers:

Increasing interest in outdoor recreational activities: With more people looking for ways to enjoy the great outdoors, kayaking has become a popular choice for many. It is a fun and accessible activity that can be enjoyed by people of all ages and skill levels.

Rising disposable income: As disposable income levels rise around the world, more people have the resources to invest in outdoor recreational activities like kayaking. This has led to an increase in demand for high-quality kayaks and related equipment.

Growing popularity of kayaking as a sport: Kayaking has become a popular competitive sport, with events ranging from local regattas to international championships. This has driven demand for high-performance kayaks and accessories.

Development of lightweight and durable kayaks: Advances in materials and manufacturing processes have led to the development of lightweight and durable kayaks that are easy to transport and handle. This has made kayaking more accessible to a wider range of people.

Increasing trend of eco-tourism and adventure tourism: Kayaking is a popular activity among eco-tourists and adventure tourists, who are looking for ways to explore nature and challenge themselves physically. This trend is expected to drive demand for kayaks and related equipment in the coming years.

Market Snapshot:

Benchmark Year 2022
Market Size > USD 170 Million in 2022
Market Growth (CAGR) > 3% (2023-2030)
Largest Market Share lock
Analysis Period 2020-2030
Market Players Advanced Elements, AIRE, Aqua Xtreme, Johnson Outdoors Inc., and ORU KAYAK

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Market Insights:

Global Kayak Market Analysis by Type:

The global kayak market is bifurcated into product type, type, end-user, distribution channel, and geography. On the basis of product type, the market is further segmented into rigid kayak, inflatable kayak, and folding kayak. The rigid kayaks account for the largest share of the market, followed by inflatable kayaks and folding kayaks. However, the growth rate for inflatable and folding kayaks is expected to be higher than that for rigid kayaks, due to their convenience and portability. The increasing popularity of adventure tourism and recreational activities is also expected to boost demand for inflatable and folding kayaks in the coming years.

Rigid Kayaks: Rigid kayaks are the most common type of kayak, and are made from materials such as plastic, fiberglass, or composite materials. They are available in a range of designs, from recreational to racing kayaks, and offer a high level of durability and performance. Rigid kayaks are generally more expensive than inflatable or folding kayaks, but offer superior performance and durability.

Inflatable Kayaks: Inflatable kayaks are made from durable, puncture-resistant materials and can be inflated and deflated for easy storage and transport. They are generally less expensive than rigid kayaks and are ideal for casual paddling and recreational use. Inflatable kayaks are also popular among travelers and those with limited storage space.

Folding Kayaks: Folding kayaks are made from lightweight materials, such as aluminum or plastic, and can be easily disassembled and packed into a compact carrying case for easy transport and storage. They offer a balance between the durability and performance of rigid kayaks and the convenience and portability of inflatable kayaks. Folding kayaks are often used for adventure tourism and multi-day trips.

Global Kayak Market Analysis by Type:

On the basis of type, the global kayak market is bifurcated into recreational, touring, and racing kayaks. The recreational kayaks account for the largest share of the market, followed by touring kayaks and racing kayaks. However, the growth rate for touring and racing kayaks is expected to be higher than that for recreational kayaks, due to the increasing popularity of adventure tourism and competitive kayaking.

Recreational Kayaks: Recreational kayaks are the most popular type of kayaks in the market, accounting for the largest share of the market. These kayaks are designed for casual paddlers who are looking for a fun and easy way to enjoy the water. They are generally wider and shorter than touring or racing kayaks, which makes them more stable and easier to maneuver.

Touring Kayaks: Touring kayaks are designed for longer trips and are ideal for exploring lakes, rivers, and oceans. They are longer and narrower than recreational kayaks, which makes them faster and more efficient on the water. They also have more storage space for gear and supplies, making them ideal for multi-day trips.

Racing Kayaks: The racing kayaks are designed for speed and performance. They are longer and narrower than recreational and touring kayaks, which makes them less stable but more efficient on the water. They are often used for competitive racing events and require a higher level of skill and training to paddle effectively.

The kayak market research report presents the analysis of each segment from 2020 to 2030 considering 2022 as the base year for the research. The compounded annual growth rate (CAGR) for each respective segment is calculated for the forecast period from 2023 to 2030.

Historical & Forecast Period

  • 2020-21 – Historical Year
  • 2022 – Base Year
  • 2023-2030 – Forecast Period

Market Segmentation:

By Product Type:

  • Rigid Kayak
  • Inflatable Kayak
  • Folding Kayak

By Type:

  • Recreational
  • Touring
  • Racing

By End-User:

  • Individual
  • Institutional
  • Promotional

By Distribution Channel:

  • Sports Variety Stores
  • Modern Trade Channels
  • Online Channel

By Region:

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa

Geographic Coverage:

Geographically, the kayak market report comprises dedicated sections centering on the regional market revenue and trends. The kayak market has been segmented on the basis of geographic regions into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. The kayak market has been extensively analyzed on the basis of various regional factors such as demographics, gross domestic product (GDP), inflation rate, acceptance, and others. Kayak market estimates have also been provided for the historical years 2020 & 2021 along with forecasts for the period from 2023 – 2030.

Competitive Assessment:

Some of the prominent market players operating in the global kayak market are Advanced Elements, AIRE, Aqua Xtreme, Johnson Outdoors Inc., and ORU KAYAK. Companies are exploring markets through expansion, new investment, the introduction of new services, and collaboration as their preferred strategies. Manufacturers are using advanced materials such as lightweight composites, high-strength plastics, and carbon fiber to make kayaks that are lighter, faster, and more durable.

Furthermore, there has been a recent trend in the development of electric kayaks that are powered by electric motors. These kayaks are particularly useful for fishing and allow anglers to navigate quickly and quietly on the water. Moreover, the manufacturers are developing recreational kayaks with a focus on comfort and ease of use. New features such as adjustable footrests, padded seats, and ergonomic paddle grips are being introduced to improve the overall paddling experience.

In 2020, the Old Town Canoe launched the Old Town Sportsman 120 AutoPilot. This is an innovative fishing kayak with a built-in GPS-enabled Minn Kota trolling motor that allows anglers to navigate and fish hands-free. It also features a comfortable and adjustable seating system and ample storage space for gear.

In 2020, the Oru Kayak Inlet was launched the Oru Kayak Inlet. The Oru Kayak Inlet is a lightweight and portable folding kayak that can be assembled in minutes. It is designed for easy storage and transport and is ideal for those who want to take their kayak on the go.

These manufacturers are well-known and respected in the kayak industry, and each of these kayaks has been designed and developed by experienced engineers and designers with a deep understanding of the needs of paddlers.

Key Companies:

  • Advanced Elements
  • AIRE
  • Aqua Xtreme
  • Johnson Outdoors Inc.
  • Riot Kayaks
  • ORU KAYAK
  • Clear Blue Hawaii
  • Klepper Faltbootwerft
  • MOOVING SARL
  • BIC Sport
  • Long Haul Kayaks
  • Folding Kayaks UK

Key Questions Answered by Kayak Market Report

  • Global kayak market forecasts from 2023-2030
  • Regional market forecasts from 2023-2030 covering Asia-Pacific, North America, Europe, Middle East & Africa, and Latin America
  • Country-level forecasts from 2023-2030 covering 15 major countries from the regions as mentioned above
  • Kayak submarket forecasts from 2023-2030 covering the market by product type, type, end-user, distribution channel, and geography
  • Various industry models such as SWOT analysis, Value Chain Analysis about the market
  • Analysis of the key factors driving and restraining the growth of the global, regional, and country-level kayak markets from 2023-2030
  • Competitive Landscape and market positioning of the top 10 players operating in the market
Table of Content:

1. Preface


1.1. Report Description
1.1.1. Purpose of the Report
1.1.2. Target Audience
1.1.3. USP and Key Offerings
1.2. Research Scope
1.3. Research Methodology
1.3.1. Phase I – Secondary Research
1.3.2. Phase II – Primary Research
1.3.3. Phase III – Expert Panel Review
1.4. Assumptions

 

2. Executive Summary


2.1. Global Kayak Market Portraiture
2.2. Global Kayak Market, by Product Type, 2022 (USD Mn)
2.3. Global Kayak Market, by Type, 2022 (USD Mn)
2.4. Global Kayak Market, by End-User, 2022 (USD Mn)
2.5. Global Kayak Market, by Distribution Channel, 2022 (USD Mn)
2.6. Global Kayak Market, by Geography, 2022 (USD Mn)

 

3. Global Kayak Market Analysis


3.1. Kayak Market Overview
3.2. Market Inclination Insights
3.3. Market Dynamics
3.3.1. Drivers
3.3.2. Challenges
3.3.3. Opportunities
3.4. Attractive Investment Proposition
3.5. Competitive Analysis
3.6. Porter’s Five Force Analysis
3.6.1. Bargaining Power of Suppliers
3.6.2. Bargaining Power of Buyers
3.6.3. Threat of New Entrants
3.6.4. Threat of Substitutes
3.6.5. Degree of Competition
3.7. PESTLE Analysis
3.8. COVID-19 Impact Analysis

 

4. Global Kayak Market By Product Type, 2020 – 2030 (USD Mn)


4.1. Overview
4.2. Rigid Kayak
4.3. Inflatable Kayak
4.4. Folding Kayak

 

5. Global Kayak Market By Type, 2020 – 2030 (USD Mn)


5.1. Overview
5.2. Recreational
5.3. Touring
5.4. Racing

 

6. Global Kayak Market By End-User, 2020 – 2030 (USD Mn)


6.1. Overview
6.2. Individual
6.3. Institutional
6.4. Promotional

 

7. Global Kayak Market By Distribution Channel, 2020 – 2030 (USD Mn)


7.1. Overview
7.2. Sports Variety Stores
7.3. Modern Trade Channels
7.4. Online Channel

 

8. North America Kayak Market Analysis and Forecast, 2020 – 2030 (USD Mn)


8.1. Overview
8.2. North America Kayak Market by Product Type, (2020-2030 USD Mn)
8.3. North America Kayak Market by Type, (2020-2030 USD Mn)
8.4. North America Kayak Market by End-User, (2020-2030 USD Mn)
8.5. North America Kayak Market by Distribution Channel, (2020-2030 USD Mn)
8.6. North America Kayak Market by Country, (2020-2030 USD Mn)
8.6.1. U.S.
8.6.1.1. U.S. Kayak Market by Product Type, (2020-2030 USD Mn)
8.6.1.2. U.S. Kayak Market by Type, (2020-2030 USD Mn)
8.6.1.3. U.S. Kayak Market by End-User, (2020-2030 USD Mn)
8.6.1.4. U.S. Kayak Market by Distribution Channel, (2020-2030 USD Mn)
8.6.2. Canada
8.6.2.1. Canada Kayak Market by Product Type, (2020-2030 USD Mn)
8.6.2.2. Canada Kayak Market by Type, (2020-2030 USD Mn)
8.6.2.3. Canada Kayak Market by End-User, (2020-2030 USD Mn)
8.6.2.4. Canada Kayak Market by Distribution Channel, (2020-2030 USD Mn)

 

9. Europe Kayak Market Analysis and Forecast, 2020 - 2030 (USD Mn)


9.1. Overview
9.2. Europe Kayak Market by Product Type, (2020-2030 USD Mn)
9.3. Europe Kayak Market by Type, (2020-2030 USD Mn)
9.4. Europe Kayak Market by End-User, (2020-2030 USD Mn)
9.5. Europe Kayak Market by Distribution Channel, (2020-2030 USD Mn)
9.6. Europe Kayak Market by Country, (2020-2030 USD Mn)
9.6.1. Germany
9.6.1.1. Germany Kayak Market by Product Type, (2020-2030 USD Mn)
9.6.1.2. Germany Kayak Market by Type, (2020-2030 USD Mn)
9.6.1.3. Germany Kayak Market by End-User, (2020-2030 USD Mn)
9.6.1.4. Germany Kayak Market by Distribution Channel, (2020-2030 USD Mn)
9.6.2. U.K.
9.6.2.1. U.K. Kayak Market by Product Type, (2020-2030 USD Mn)
9.6.2.2. U.K. Kayak Market by Type, (2020-2030 USD Mn)
9.6.2.3. U.K. Kayak Market by End-User, (2020-2030 USD Mn)
9.6.2.4. U.K. Kayak Market by Distribution Channel, (2020-2030 USD Mn)
9.6.3. France
9.6.3.1. France Kayak Market by Product Type, (2020-2030 USD Mn)
9.6.3.2. France Kayak Market by Type, (2020-2030 USD Mn)
9.6.3.3. France Kayak Market by End-User, (2020-2030 USD Mn)
9.6.3.4. France Kayak Market by Distribution Channel, (2020-2030 USD Mn)
9.6.4. Spain
9.6.4.1. Spain Kayak Market by Product Type, (2020-2030 USD Mn)
9.6.4.2. Spain Kayak Market by Type, (2020-2030 USD Mn)
9.6.4.3. Spain Kayak Market by End-User, (2020-2030 USD Mn)
9.6.4.4. Spain Kayak Market by Distribution Channel, (2020-2030 USD Mn)
9.6.5. Italy
9.6.5.1. Italy Kayak Market by Product Type, (2020-2030 USD Mn)
9.6.5.2. Italy Kayak Market by Type, (2020-2030 USD Mn)
9.6.5.3. Italy Kayak Market by End-User, (2020-2030 USD Mn)
9.6.5.4. Italy Kayak Market by Distribution Channel, (2020-2030 USD Mn)
9.6.6. Rest of Europe
9.6.6.1. Rest of Europe Kayak Market by Product Type, (2020-2030 USD Mn)
9.6.6.2. Rest of Europe Kayak Market by Type, (2020-2030 USD Mn)
9.6.6.3. Rest of Europe Kayak Market by End-User, (2020-2030 USD Mn)
9.6.6.4. Rest of Europe Kayak Market by Distribution Channel, (2020-2030 USD Mn)

 

10. Asia Pacific Kayak Market Analysis and Forecast, 2020 - 2030 (USD Mn)


10.1. Overview
10.2. Asia Pacific Kayak Market by Product Type, (2020-2030 USD Mn)
10.3. Asia Pacific Kayak Market by Type, (2020-2030 USD Mn)
10.4. Asia Pacific Kayak Market by End-User, (2020-2030 USD Mn)
10.5. Asia Pacific Kayak Market by Distribution Channel, (2020-2030 USD Mn)
10.6. Asia Pacific Kayak Market by Country, (2020-2030 USD Mn)
10.6.1. China
10.6.1.1. China Kayak Market by Product Type, (2020-2030 USD Mn)
10.6.1.2. China Kayak Market by Type, (2020-2030 USD Mn)
10.6.1.3. China Kayak Market by End-User, (2020-2030 USD Mn)
10.6.1.4. China Kayak Market by Distribution Channel, (2020-2030 USD Mn)
10.6.2. Japan
10.6.2.1. Japan Kayak Market by Product Type, (2020-2030 USD Mn)
10.6.2.2. Japan Kayak Market by Type, (2020-2030 USD Mn)
10.6.2.3. Japan Kayak Market by End-User, (2020-2030 USD Mn)
10.6.2.4. Japan Kayak Market by Distribution Channel, (2020-2030 USD Mn)
10.6.3. India
10.6.3.1. India Kayak Market by Product Type, (2020-2030 USD Mn)
10.6.3.2. India Kayak Market by Type, (2020-2030 USD Mn)
10.6.3.3. India Kayak Market by End-User, (2020-2030 USD Mn)
10.6.3.4. India Kayak Market by Distribution Channel, (2020-2030 USD Mn)
10.6.4. Rest of Asia Pacific
10.6.4.1. Rest of Asia Pacific Kayak Market by Product Type, (2020-2030 USD Mn)
10.6.4.2. Rest of Asia Pacific Kayak Market by Type, (2020-2030 USD Mn)
10.6.4.3. Rest of Asia Pacific Kayak Market by End-User, (2020-2030 USD Mn)
10.6.4.4. Rest of Asia Pacific Kayak Market by Distribution Channel, (2020-2030 USD Mn)

 

11. Latin America (LATAM) Kayak Market Analysis and Forecast, 2020 - 2030 (USD Mn)


11.1. Overview
11.2. Latin America Kayak Market by Product Type, (2020-2030 USD Mn)
11.3. Latin America Kayak Market by Type, (2020-2030 USD Mn)
11.4. Latin America Kayak Market by End-User, (2020-2030 USD Mn)
11.5. Latin America Kayak Market by Distribution Channel, (2020-2030 USD Mn)
11.6. Latin America Kayak Market by Country, (2020-2030 USD Mn)
11.6.1. Brazil
11.6.1.1. Brazil Kayak Market by Product Type, (2020-2030 USD Mn)
11.6.1.2. Brazil Kayak Market by Type, (2020-2030 USD Mn)
11.6.1.3. Brazil Kayak Market by End-User, (2020-2030 USD Mn)
11.6.1.4. Brazil Kayak Market by Distribution Channel, (2020-2030 USD Mn)
11.6.2. Mexico
11.6.2.1. Mexico Kayak Market by Product Type, (2020-2030 USD Mn)
11.6.2.2. Mexico Kayak Market by Type, (2020-2030 USD Mn)
11.6.2.3. Mexico Kayak Market by End-User, (2020-2030 USD Mn)
11.6.2.4. Mexico Kayak Market by Distribution Channel, (2020-2030 USD Mn)
11.6.3. Rest of Latin America
11.6.3.1. Rest of Latin America Kayak Market by Product Type, (2020-2030 USD Mn)
11.6.3.2. Rest of Latin America Kayak Market by Type, (2020-2030 USD Mn)
11.6.3.3. Rest of Latin America Kayak Market by End-User, (2020-2030 USD Mn)
11.6.3.4. Rest of Latin America Kayak Market by Distribution Channel, (2020-2030 USD Mn)

 

12. Middle East and Africa Kayak Market Analysis and Forecast, 2020 - 2030 (USD Mn)


12.1. Overview
12.2. MEA Kayak Market by Product Type, (2020-2030 USD Mn)
12.3. MEA Kayak Market by Type, (2020-2030 USD Mn)
12.4. MEA Kayak Market by End-User, (2020-2030 USD Mn)
12.5. MEA Kayak Market by Distribution Channel, (2020-2030 USD Mn)
12.6. Middle East and Africa Kayak Market, by Country, (2020-2030 USD Mn)
12.6.1. GCC
12.6.1.1. GCC Kayak Market by Product Type, (2020-2030 USD Mn)
12.6.1.2. GCC Kayak Market by Type, (2020-2030 USD Mn)
12.6.1.3. GCC Kayak Market by End-User, (2020-2030 USD Mn)
12.6.1.4. GCC Kayak Market by Distribution Channel, (2020-2030 USD Mn)
12.6.2. South Africa
12.6.2.1. South Africa Kayak Market by Product Type, (2020-2030 USD Mn)
12.6.2.2. South Africa Kayak Market by Type, (2020-2030 USD Mn)
12.6.2.3. South Africa Kayak Market by End-User, (2020-2030 USD Mn)
12.6.2.4. South Africa Kayak Market by Distribution Channel, (2020-2030 USD Mn)
12.6.3. Rest of MEA
12.6.3.1. Rest of MEA Kayak Market by Product Type, (2020-2030 USD Mn)
12.6.3.2. Rest of MEA Kayak Market by Type, (2020-2030 USD Mn)
12.6.3.3. Rest of MEA Kayak Market by End-User, (2020-2030 USD Mn)
12.6.3.4. Rest of MEA Kayak Market by Distribution Channel, (2020-2030 USD Mn)

 

13. Company Profiles


13.1. Advanced Elements
13.1.1. Business Description
13.1.2. Financial Health and Budget Allocation
13.1.3. Product Positions/Portfolio
13.1.4. Recent Development
13.1.5. SWOT Analysis
13.2. AIRE
13.2.1. Business Description
13.2.2. Financial Health and Budget Allocation
13.2.3. Product Positions/Portfolio
13.2.4. Recent Development
13.2.5. SWOT Analysis
13.3. Aqua Xtreme
13.3.1. Business Description
13.3.2. Financial Health and Budget Allocation
13.3.3. Product Positions/Portfolio
13.3.4. Recent Development
13.3.5. SWOT Analysis
13.4. Johnson Outdoors Inc.
13.4.1. Business Description
13.4.2. Financial Health and Budget Allocation
13.4.3. Product Positions/Portfolio
13.4.4. Recent Development
13.4.5. SWOT Analysis
13.5. Riot Kayaks
13.5.1. Business Description
13.5.2. Financial Health and Budget Allocation
13.5.3. Product Positions/Portfolio
13.5.4. Recent Development
13.5.5. SWOT Analysis
13.6. ORU KAYAK
13.6.1. Business Description
13.6.2. Financial Health and Budget Allocation
13.6.3. Product Positions/Portfolio
13.6.4. Recent Development
13.6.5. SWOT Analysis
13.7. Clear Blue Hawaii
13.7.1. Business Description
13.7.2. Financial Health and Budget Allocation
13.7.3. Product Positions/Portfolio
13.7.4. Recent Development
13.7.5. SWOT Analysis
13.8. Klepper Faltbootwerft
13.8.1. Business Description
13.8.2. Financial Health and Budget Allocation
13.8.3. Product Positions/Portfolio
13.8.4. Recent Development
13.8.5. SWOT Analysis
13.9. MOOVING SARL
13.9.1. Business Description
13.9.2. Financial Health and Budget Allocation
13.9.3. Product Positions/Portfolio
13.9.4. Recent Development
13.9.5. SWOT Analysis
13.10. BIC Sport
13.10.1. Business Description
13.10.2. Financial Health and Budget Allocation
13.10.3. Product Positions/Portfolio
13.10.4. Recent Development
13.10.5. SWOT Analysis
13.11. Long Haul Kayaks
13.11.1. Business Description
13.11.2. Financial Health and Budget Allocation
13.11.3. Product Positions/Portfolio
13.11.4. Recent Development
13.11.5. SWOT Analysis
13.12. Folding Kayaks UK
13.12.1. Business Description
13.12.2. Financial Health and Budget Allocation
13.12.3. Product Positions/Portfolio
13.12.4. Recent Development
13.12.5. SWOT Analysis
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